What does APR rate means in the loan contract?

Is APR important? I only calculate monthly payment based on interest rate? I have little knowledge about that.

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回复:What does APR rate means in the loan contract? -金色风铃- 给 金色风铃 发送悄悄话 金色风铃 的博客首页 (1174 bytes) () 09/19/2007 postreply 18:48:56

多谢扫盲。以前看过解释,不太理解,现在明白了。 -dukejas- 给 dukejas 发送悄悄话 (0 bytes) () 09/19/2007 postreply 21:44:44

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